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Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia
24.6.2022
A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms...
Gate.io Celebrates the Listing Of $EUL
24.6.2022
Gate.io announced the listing of $EUL, trading for which will commence on June 24, 2022, at 5:00 AM UTC. The celebration has a prize pool of $1,000 that will be shared among 50 lucky winners. Participants are only required to follow Gate.io and Euler Finance, retweet the post, like it, and share...
Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors
24.6.2022
Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive...
3 Meme Tokens You Need to Consider Right Now: RoboApe, Shiba Inu, and Dogecoin!
24.6.2022
Although unique from the rest of the market, meme coins keep investors interested through their vibrant communities, paving the way for many cryptocurrencies. The first meme coin started as a joke in 2013, with many more coming out to transform the crypto world. This article will explore three meme...
Namibian University Set to Offer Master’s Degree in Blockchain Technology in 2024
24.6.2022
A Namibian university is set to offer a master’s degree in blockchain technology starting in the year 2024, a senior employee with the institution has said. The university is already “infusing” blockchain technology-based content into its level 8 programs. ‘Blockchain...
ECB Chief Lagarde: Crypto and Defi Could Pose ‘Real Risks’ to Financial Stability
24.6.2022
The president of the European Central Bank (ECB), Christine Lagarde, says crypto assets and decentralized finance (defi) have the potential to pose “real risks” to financial stability. She has some regulatory suggestions to supplement Europe’s Markets in Crypto Assets...
Fed Chair Powell: We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off
24.6.2022
Federal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a better crypto regulatory framework. Fed Chair Powell Says Crypto Needs Better...
Canadian Regulator OSC Takes Action Against Crypto Trading Platforms Kucoin and Bybit
24.6.2022
The Ontario Securities Commission (OSC) has taken action against two cryptocurrency trading platforms. Kucoin is permanently banned from participating in Ontario’s capital markets. Bybit has promised to take steps to comply with regulations and register with the OSC. OSC Sanctions 2 Crypto...
Spanish Government Wants Crypto Holders to Report their Transactions & Holdings from 2023
23.6.2022
Spanish authorities will force crypto owners to declare their crypto-related operations and coin holdings. The nation’s finance chief also stated that crypto exchanges will be forced to report on their customers’ activities from next year – and warned that similar European Union-wide measures...
Coinbase to track off-exchange transactions from Dutch customers
23.6.2022
Dutch users need to provide the recipient's full name, the purpose of transfer and full residential address to move digital assets off the platform
Crypto Miners Are Dumping Tons Of GPUs, So Maybe You Can Finally Get One
23.6.2022
The crypto market is continuing to fall, which has led a ton of miners to exit the market or to downscale their operations, thus finding themselves in possession of valuable computer components that they now no longer need. Some such miners, many from China and South Asia (where electricity...
Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds
23.6.2022
According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million...
Central Bankers' Attack on Crypto is ‘a Legacy Vision’, Failure to Recognize ‘Revolutionary Benefits’ of DeFi - Analysts
23.6.2022
As the Bank for International Settlements’ (BIS), also known as "the central bank of central banks," tried to monopolize trust in money with its new report this week, analysts stress that it simply represents “a legacy vision” that brings a number of new risks, and the BIS fails to recognize...
Biggest Movers: MATIC Climbs 25%, Re-Enters Crypto Top 20
23.6.2022
MATIC moved back into the cryptocurrency top 20 on Thursday, as prices rose by over 25% in today’s session. The token replaced FTT, which entered the list following declines in MATIC on Wednesday. ATOM also rose today, hitting a 12-day high in the process. Polygon (MATIC) MATIC was one...
Nonfungible airdrops: Could NFA become the next big acronym in the crypto space?
23.6.2022
Airdrops are a great marketing tool, but they can have downsides for crypto projects and investors alike. Is there a way around this?
Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports
23.6.2022
The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax authorities, as well as their value...
Is Gate.io Safe? An In-Depth Look at Gate.io’s Security!
23.6.2022
When looking for a new cryptocurrency exchange, the first question you are likely to ask is, “Is it safe?” First, it’s essential to understand an exchange’s history and what it offers in terms of asset security and safety. Exercising caution is vital in keeping your funds...
Is Cosmos (ATOM) Cryptocurrency a Good Investment in 2022?
23.6.2022
Cosmos is a revolution in the blockchain industry that connects users and subsystems, allowing the exchange of data through the inter-blockchain protocol. It helps the user to shift from one blockchain to another ensuring the possibility of integrating different systems into one platform in...
Binance Announces Support for Ethereum Network Upgrade
23.6.2022
Binance has published a post to announce its support for the network upgrade of Ethereum, adding that deposits and withdrawals of ETH tokens and ERC-20 tokens will be suspended during the upgradation of the network. The Ethereum network upgrade is scheduled for June 29, 2022, at 10:43 UTC. Deposits...
Bybit enters into settlement agreement with Ontario Securities Commission
23.6.2022
Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario